The current company I work for provides both renovation/make ready as well as management services.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

Your debt service will also be lower which helps avoid getting pinched by unexpected expenses and being forced to sell.

Please read the article on chapter 13...https://www.uscourts.gov/services-forms/bankruptcy/bankruptc... 

Hi Caleb Rehg,If you have employees you will have to pay quarterly PAYROLL taxes, but these can be taken care of by a payroll servicer such as Gusto or ADP.Otherwise, if you expect to have a substantial net income from the rental property at the end of the year, you may opt to make quarterly estimated tax payments so that you that you don't get surprised by a tax amount owed with your tax return.

While property management has its place, it is very expensive for the services provided, and the job is really easy to do… so we do it ourselves (for 37 units).  

Like any service based business, you're going to encounter a variety of types of fee structures.

You can find services that charge $50 per year for this.

Two things keep tenants long term - (1) great customer service, and (2) competitive rents.It sounds like you do a great job of taking care of your properties and the needs of your tenants, so as long as you’re not noticeably higher in rent to your competition you should always be pursuing rent increases.

Hey @Tom Sehon, Given we are accountants, we cannot promote our services on BP as its against the rules.To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.